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In its recent decision in Till v. SCS Credit Corp., the U.S. Supreme Court has waded into murky waters over the meaning of the Bankruptcy Code's "cram-down" provisions. The court emerged with a 4-1-4 plurality decision that has far-reaching economic consequences for subprime lenders and secured creditors.
October 11, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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